China
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Tech News
Chinese Tech Firms Baidu, TikTok-owner ByteDance, Tencent, Alibaba Order Nvidia AI Chips Worth $5 Billion: Report
China’s internet giants are rushing to acquire high-performance Nvidia chips vital for building generative artificial intelligence systems, making orders worth…
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Paytm CEO Vijay Shekhar Sharma to Buy 10.3 Percent Stake in Firm From Antfin Amid China Concerns
Paytm Chairman Vijay Shekhar Sharma will buy a 10.3 percent stake worth $628 million (roughly Rs. 5,195 crore) in the…
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Tech News
Binance Reportedly Saw Monthly Illegal Crypto Transactions Worth $90 Billion in Banned China Market
Binance users traded $90 billion (roughly Rs. 7,42,800 crore) of cryptocurrency-related assets in a single month in China, where cryptocurrency…
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Tesla Asked to Emulate Apple in Finding Indian Firms to Partner Chinese Suppliers for Electric Car Factory
As Tesla examines building a plant in India, officials have asked the company to emulate Apple in finding local firms…
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US President Said to to Sign New Order to Limit US Tech Investments in China by Mid-August
US President Joe Biden is planning to sign an executive order to limit critical US technology investments in China by…
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China’s BYD Tells India JV Partner It Wants to Drop $1 Billion EV Investment Plan
China’s BYD has told its India joint-venture partner it would shelve plans for a new $1-billion (roughly Rs. 8,225 crore) investment…
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Tech News
Emerging Markets Record Greater Interest in CBDCs; India, China Lead the Charge: CFA Institute Survey
Central Bank Digital Currencies or CBDCs are foraying into existing global financial systems, whether governments around the world like it…
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Microsoft Says Chinese Hackers Used Flaw in Company’s Code to Steal Emails From US Agencies
Microsoft said on Friday that Chinese hackers misappropriated one of its digital keys and used a flaw in the company’s…
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Tech News
Honor Play 40C With Snapdragon 480 SoC, 5,200mAh Battery Launched: Price, Specifications
Honor Play 40C have been launched in China, as the latest edition to the company’s Play 40 series, in three…
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China Begins Offline Trials of CBDC Payments, Stitches e-CNY Payments to SIMs
China, despite its stern anti-crypto stance, is among the fastest growing examples of how big economies can experiment with CBDCs.…
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Tech News
Apple Sets Up Online Store on China’s Social Media Platform WeChat
Tencent’s WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, marking an…
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Tech News
US Lawmakers Consider Changes to Bill That Could Give Government New Powers to Ban TikTok
U.S. lawmakers are considering changes to address concerns about a bill that would give the Biden administration new powers to…
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